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Studio · 389 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

A-1606, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-1606 · DLD and Ejari recordsUpdated 6 May 2026
Last soldAED 450K27 November 2014
Current rentAED 28K /yr6 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-1606, Silicon Gates 1

What is A-1606 worth today?

Last sold for AED 450,000 in 2014

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6 May 2026RentedRenewal
AED 27,500/yr12 months · AED 71 per sqft
6 May 2025RentedRenewal
AED 26,000/yr12 months · AED 67 per sqft
6 May 2024RentedRenewal
AED 24,500/yr12 months · AED 63 per sqft
6 May 2023RentedRenewal
AED 23,000/yr12 months · AED 59 per sqft
6 May 2022RentedRenewal
AED 21,000/yr12 months · AED 54 per sqft
6 May 2021RentedRenewal
AED 21,000/yr12 months · AED 54 per sqft
6 May 2020RentedNew contract
AED 24,000/yr12 months · AED 62 per sqft
16 Nov 2019RentedNew contract
AED 25,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 6 May 2026.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
16th of 25
Parking
B2-160
Developer
Time Properties
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 450K · November 2014
Building
Silicon Gates 1

About A-1606, Silicon Gates 1

A-1606 is a studio of 389 sqft on the 16th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 27 November 2014 for AED 450,000, or AED 1,155 per sqft, 33% above the AED 870 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 6 May 2026, is AED 27,500 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 5,800 a year.

Sales and rents for A-1606 over time

Sales
Unit A-1606, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical sale price by year: 2009 AED 328,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 175,000; 2013 AED 331,920; 2014 AED 357,000; 2015 AED 351,903; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 235,000; 2021 AED 252,500; 2022 AED 252,500; 2023 AED 300,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 452,500Sold by developer, November 2014: AED 450,000 (AED 1,155 per sqft)

A-1606 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A-1606, each contractTypical studio in Silicon Gates 1
20K40K2014201820222026Typical rent by year: 2014 AED 44,880; 2015 AED 45,000; 2016 AED 45,000; 2017 AED 40,000; 2018 AED 35,500; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 27,915; 2024 AED 33,500; 2025 AED 36,000; 2026 AED 38,000New contract, September 2015: AED 50,000 a yearNew contract, June 2018: AED 35,000 a yearNew contract, October 2018: AED 34,000 a yearNew contract, November 2019: AED 25,000 a yearNew contract, May 2020: AED 24,000 a yearRenewal, May 2021: AED 21,000 a yearRenewal, May 2022: AED 21,000 a yearRenewal, May 2023: AED 23,000 a yearRenewal, May 2024: AED 24,500 a yearRenewal, May 2025: AED 26,000 a yearRenewal, May 2026: AED 27,500 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 1, and where A-1606 sits

All 376 studios →

A-1606 last sold in November 2014 at AED 1,155 per sqft, 33% above what studios in Silicon Gates 1 were fetching at the time (AED 870). Over the last 12 months studios sold for AED 285,000 to 545,000, around AED 1,105 per sqft, and rent for AED 27,500 to 68,400 a year. A-1606's AED 27,500 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026480,000
15 Oct 2026422,000
1 Oct 2026500,000
22 Sep 2026405,000
32 studio sales in the last 12 months

Silicon Gates 1

Building

865 apartments, studios to 3-bed over 25 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 69 sold in the last 12 months.

Typical price per sqft
AED 877 Up 9.2%
Typical sale
AED 541K
Typical rent
AED 46K /yr
Typical yield
8.9%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 16th floor

All 865 units in Silicon Gates 1
Value
A-16012-bedAED 960K · Jun 2025
A-1602StudioAED 430K · Feb 2026
A-1603AStudioAED 245K · Apr 2021
A-1603BStudioAED 272K · Nov 2014
A-1604A1-bedAED 590K · Dec 2024
A-16051-bedAED 740K · Oct 2014
A-1607StudioAED 304K · Aug 2014
1–7 of 34

A-1606, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 27 November 2014 for AED 450,000, or AED 1,155 per sqft.
  • Rented since September 2015 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 21,000 in 2022 and recovered to AED 27,500 by May 2026.
  • At AED 27,500 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 5,800 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 285,000–545,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 6 May 2026.

Questions about A-1606, Silicon Gates 1

What did unit A-1606 last sell for?

AED 450,000 on 27 November 2014, sold by the developer: AED 1,155 per sqft for 389 sqft. It is the only registered sale of the unit.

What is the rent for unit A-1606?

AED 27,500 a year on the contract renewed on 6 May 2026. The previous contract, from May 2025, was AED 26,000; the unit has been rented since September 2015.

How big is unit A-1606?

389 sqft (36.1 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit A-1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 1 sold for AED 285,000 to 545,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on A-1606, Silicon Gates 1

Starts from the last sale price (AED 450K, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →